Natural Disaster Insurance Institution (DASK), 6 February 2023 Kahramanmaraş -based earthquakes affected by 11 cities affected by over 39.7 billion pounds of damage to pay.
2 years have passed since the 6 February Kahramanmaraş -based earthquakes, which left deep traces in the heart of Turkey and recorded as a disaster of the century.
During this period, the unity and solidarity movement provided throughout Türkiye and the jolt affected by 11 provinces to stand up to the feet.
Working in cooperation with insurance companies, agencies and banks, DASK ensures the regulation of compulsory earthquake insurance policies (ZDS) through all insurance companies, agencies and bank branches.
According to information obtained from the AA correspondent DASK, after the earthquakes in 2023, as of February of this year, approximately 630 thousand damage notified to the institution for a total of 39.7 billion pounds of compensation payment was made.
Approximately 90 percent of this figure was paid in 6 months, while a large part of the compensation payments were completed in 2023. However, it was reached that the compensation of those who are missing in the file and the wrong declarations dangled to 2024.
Daily policy production increased by 55 percent in the days following the earthquake
The painful experiences after the earthquakes increased the awareness of being insured in society and caused an increase in insurance rates. Looking at the number of policies in force in the Marmara Region, a total insurance rate in Istanbul and the Marmara Region after the earthquake increased by about 1 percent.
Throughout the country, daily policy production increased by 55 percent in the days following the earthquake.
However, as it was observed after every major earthquake, this increasing tendency returns to the usual course after a while, while DASK continues its activities with the aim of taking all houses under compulsory earthquake insurance and making insurance consciousness permanent in the society.
On the other hand, in the last 25 years since the establishment of DASK, the number of ZDS policies in Turkey has reached approximately 12 million.
Marmara took the first place in regional insurance
However, the insurance rate in Türkiye is at 56 percent. When the geographical regions are examined, the highest rate was in the Marmara Region with 64 percent, this region was followed by Eastern Anatolia with 61 percent, Aegean with 56 percent, Mediterranean Sea with 55 percent, South East Anatolia with 51 percent and Central Anatolia with 50 percent. The lowest region in the insurance rate was the Black Sea with 45 percent.
When the insurance rates of the metropolitan cities are examined, Istanbul was in the first place with 63 percent, 61 percent in Eskişehir, 60 percent in Izmir, 59 percent in Mersin, 58 percent in Antalya and Bursa, 54 percent in Ankara.
When the insurance rates of 11 provinces affected by the earthquake were examined, the city, which had the highest insurance rate among these provinces as of February 4, was Elazığ with 74.5 percent.
Gaziantep with 70.8 percent, Malatya with 67.8 percent, Osmaniye with 63 percent, Kahramanmaraş with 60.4 percent, Kilis with 59.3 percent, Adana with 56.5 percent, 51 percent , Adıyaman with 4, 46.7 percent of Hatay and Sanliurfa watching 39.9 percent of Diyarbakir took the last place.
While the province has the highest rate of insurance with 90 percent, Bolu was followed by Düzce with 89 percent, Yalova and Bingöl with 84 percent.
Compulsory Earthquake Insurance offers financial assurance against earthquake -based risks
In order to have ZDS, a comprehensive insurance system developed for dwellings, it is deemed sufficient to be registered with the title deed and subject to private property. ZDS can also be arranged for all houses that are not included in the public treasury lands. In case of a possible damage, the payment of compensation shall be made to the right holder registered in the title deed.
In the scope of ZDS, buildings registered to the title deed and built as a dwelling on the immovable properties subject to private property enter. In addition, independent departments such as markets, grocery stores, hairdressers and attorney offices, which are used for different purposes such as commercial houses and office, are included in the insurance.
However, the ZDS policy cannot be issued even if the buildings registered as “commercials” in the title deed are used as a dwelling. In such a case, the quality of the relevant building in the title deed should be changed, that is, the phrase “Trade House” with the “Genus Cashihi” process should be updated as “residential”.
The main criterion here is seen as the protection of the residential integrity of the buildings built as housing, while the discretionary earthquake insurance can be provided for buildings outside the scope of ZDS.
ZDS offers financial assurance not only against the direct effects of the earthquake, but also against risks such as earthquake -based fire, explosion, ground shift and tsunami.
Even if the housing becomes completely unusable, ZDS contributes to the return of life in a short time by ensuring the fastest compensation of damaged buildings.
